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General Motors CEO Rick Wagoner out, replaced by COO Fritz Henderson

General Motors chairman and CEO Rick Wagoner has agreed to "step aside" after pressure from the Obama administration last week, ending his eight-year tenure at the helm as the company seeks additional federal aid. He's been replaced by GM President and COO Fritz Henderson, effective immediately. GM confirmed the moves shortly after midnight Monday.

Fritz Henderson removed as GM CEO

General Motors' board of directors ousted CEO Fritz Henderson after eight months, saying it wanted to chart a new course as the biggest U.S. automaker pushes ahead with its restructuring. Chairman Ed Whitacre, 68, will succeed Henderson on an interim basis while a search for a new president and CEO starts immediately, Whitacre said at a press conference on Tuesday.

Chevrolet Corvette chief engineer Zora Arkus-Duntov honored in Russia

Belgian-born Zora Arkus-Duntov was the first chief engineer for the Chevrolet Corvette. But he is a new discovery to Russians, even though he lived in St. Petersburg through his teenage years.